tv Business Deutsche Welle November 19, 2019 7:30am-7:46am CET
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be clear with you i have to act in ways that i feel necessary people who simply understand that. you can put your foot i mean roach to the ends justify the means. to terms with mrs stuart's december 13th on t.w. . unrest in chile is boiling over as the gap between rich and poor catches up with latin america's most successful economy also on the program china is investing billions in artificial intelligence some of the applications are improving people's lives but there are concerns about how the technology could be used to exert state control. i'm chris cuomo welcome to the program chile is facing its biggest crisis since the south american nation returned to democracy in 1990 for
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a month now protests have rocked the country which have left more than 20 people dead and thousands injured the unrest began over a hike in metro fares but quickly spun out of control devolving into riots and looting kneecapping the economy along the way as a result the government promised to draft a new constitution to replace the current president's about stamping yet also admitted that security forces had met the demonstrators with access force. now chile is considered one of latin america's strongest economies growth this year is likely to be around 2 and a half percent but inequality is a huge problem just one percent of the population holds nearly a quarter of the country's wealth while the bottom half collectively just owns 2 percent and they have very little chance of escaping poverty now for more on the story let's bring in a melinda from lancaster university good morning i'm lendu good to have you on the
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program still had long been labeled as an economic success story yet there is this widespread inequality that was talked about tell us more about the root of this problem that we have at the moment. when the constitution disadvantage is a massive force one of the country's population and that has been going on for the last almost quarter to century what we have seen is that the problem of the middle class it is a nasty there's no middle class imagine going to something more imagine being surrounded by a fancy restaurant but you don't have the money in your wallet to go and buy things or to have a lunch there in the sense you just run that is exactly what is happening in chile although you have the middle class it simply doesn't have the purchasing power and as you rightly put it in your report alia the country's richest one percent receive
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20 percent of the country's income so they have access to all the goodies whereas the rest of the populace and doesn't so that clears the massive amount of hundreds now melinda the government has promised a constitutional overhaul is this the way out of this crisis. not necessarily because what we have seen here is that and you know little policy economic policy who has kind of structurally the someone to is a massive force and of the populace and unless and until we address that just having a constitutional change doesn't go very far let's separate example 2 different sectors here one is education on the other one is health care so the country doesn't invest in that if the country doesn't open of those 2 sectors to the middle class the rising underclass so to speak then the cost of just noted time is not going to have already far do you see any chances of that happening the sectors being opened up. no what has happened here is that exactly what we have in mexico
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because the reach grow to each other on the walk group order and that is exactly what is happening in chile it is a success story yes but it is a success story only for or only a specific section of the society if you look at the o.e.c.d. figures solicits of the bottom in terms of economic disparity the gal that we talked about alia solace and on 3 i guess basic structural react just meant then the discontent is going to continue and what they were kind of window dressing we're going to do to this constitutional reform has not been drafters the deal coarsens are the ground of a millennium is from lancaster university thank you for your thoughts. thank you. markets in asia have been mixed as investors a grain clearer news for on the progress of us trying to trade talks but there has been one apparent all of french the united states has granted huawei an additional
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90 days to do business in the country washington added the chinese tech equipment supplier to a blacklist back in may citing national security concerns. let's go over to frankfurt now and our financial correspondent conrad booze and contra it seems like a pattern here that the trump administration comes out with the strong rhetoric but gradually really follows up on that is that something that people on the markets and businesses have grown accustomed to somewhat yes christophe remember this decision about tariffs on imported cars in the united states the white house was expected to decide about this last week but nothing happened all we've been getting is reports from unnamed sources that the german car industry the lobbyists have lobbied hard at the white house against those tariffs and obviously to some success what's also being talked about on the trading floors
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is that with the united states heading into an election year and washington becoming very very busy with this impeachment inquiry against the president the trump administration seems to be even more eager than before not to put the brakes on the economy this is something that many people on the markets are also putting a lot of hope on and this is a reason why we've seen those records in you know the american stock market and also the german dax is. on a pretty high level not very far away from its all time high and conrad in other news samsung is to outsource more production to china what's behind. well behind that is fierce competition from chinese foam makers who have been quite successful in attacking sound so especially in the mid range segment of the market
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some so wants to prevent becoming something like nakia in the past remember a company that stuck too long to its own production facilities without being really able to run them competitively in the future in terms of some song cheaper contractors will produce around about 20 percent of all the samsung phones of course this will be a challenge for some so also in terms of quality contribution in frankfurt thank you. now it's been described as a game changer for combating major issues like climate change and curing diseases but for millions of chinese people artificial intelligence is more about smaller household jobs like say closing the curtains ai is increasingly a feature of everyday life in china some of which is raising heavy criticism though in the west. the star attraction on the streets of this beijing neighborhood maybe
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this talking parrot. but inside the homes here you find families like this one here talking not to their tropical birds but to their home control systems voice command technology has helped improve life for the little one family that we have to our back hi tony. performing the simplest of tasks. to show have gone that brings more comfort to our lives and it makes us much happier year. thanks to advances in sound recognition technology elderly chinese people cannot access the benefits of ai who were there for a while 5 and we found that with voice recognition it was easier for older people to use these ai devices. or feet on the board but for all the promise there was plenty of peril about ai use in china and shouldn't john artificial intelligence forms a key part of the state's repression and imprisonment of some 1000000 you got news
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limbs. in hong kong protestors fighting for democracy where mosques trade bait the clutches of the facial recognition technology capable of identifying gender age and much more. sick hence we have to be you and i speak you to it is in the friendlier field of robotic where china hopes to we'll talk talk control can bolt has already sold 100000 watts for use across the service sectors from hotels in airports to hospitals and banks of china as far as are promoting technology is fishery education in the primary school high school or even in college and technology is pushing the service record industry growing faster than anywhere else . to the ears of chinese officials as they vie for an age in the race for global ai
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supremacy. now expanding internationally shouldn't be too hard if you have a strong brand but sometimes that's not enough to tap the full potential of a new market our next report looks at a german company that's investing in training its customers how to use its products in ghana. more than 2300000 people live in gonna see capital and more are arriving every day most of the arrivals are young people in search of work the city is in desperate need of more apartments the construction sector is stretched to the limit the lack of apartments was one reason why the german plaster company can elf decided to open up shop here the construction materials they produce are much needed in the country even the best materials though are useless if workers don't know how to use them soaks nelf set up a training center and our target is to equip call pests know in the building and
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construction industry to gain employment too and their livelihood so we're giving them the skills and ceilings partitions and related areas to to enable no cost to the way. 350 young people have been training in the center since the beginning of the year among them are architects construction engineers and skilled workers one of them is ebeneezer. he's working today in a building run by the national media agency. he and his colleagues are fixing a ceiling in one of the offices there. he's excited about using the materials he learned about in the training. can all fred because it's easy to question whether it's and it's nice when finished yeah it's quality down to
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us because you know food at dessert is the easy to break but i don't want us to break it. during the next 3 years 12000 trained and ready workers will graduate from the academy. the entire initiative will cost $620000.00 euros and investment that will pay dividends for both the country and the company. and that's a show thanks for watching and for me and the entire business team have yourself a successful that.
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guests. and then incredible location. groups. on t.w. . welcome to news from the world of sound culture mall floods endangering venice is architectural and optimistic treasures more on that in a minute also coming up levity street artist on his show joins me in the studio to talk about. oppression. and lying to save people and for the common good is a topic of jacob the one about $100.00 german musri believe that.
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venice is still flooded and did the latest. 80 percent of this the goon city off the northeast coast of italy on the water 3 of the worst 10 floods since records began 120 years ago have happened in the last week now salt water is no good for many things including priceless works of us and the foundations of historic buildings. the record high tides have brought venice to its knees known for its canals and gondolas venice has always been a city of water but it's never experienced a week like this one the so-called aqua alta or high water flooded the city's historical buildings including many of its most famous monuments water flowed into st mark's basilica submerging its crypt and covering the church's mosaic floors the extent of the damage can't yet be established by.
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